David Edwards was unemployed and coping with his parents as he won $57 million inside a Powerball jackpot – however it altered his existence for that worse. Winning the lottery is really a dream become a reality however for these unlucky winners, it switched to be an utter nightmare. US man David Edwards was unemployed and coping with his parents in 2001 as he purchased certainly one of four winning tickets inside a $280 million (A$392 million) Powerball jackpot. From rags to riches and to rags, these four ticket holders lost millions to tax fraud, scams, addiction and blowing all of their money on luxury cars and big mansions.
He required his payout inside a lump sum payment of $57 million – $37 million after taxes. Then he continued a spending spree, buying luxury cars, 200 collectable swords and luxury homes in Florida and California and it was believed to possess spent $12 million (A$16.8 million) throughout the newbie alone